Student loan

myFICO: Should I Consolidate My Student Loans?

Retrieved on: 
Tuesday, April 9, 2024

By consolidating your student loans, you combine multiple loans into a single loan with a new interest rate, repayment terms, and lower payment.

Key Points: 
  • By consolidating your student loans, you combine multiple loans into a single loan with a new interest rate, repayment terms, and lower payment.
  • Here are some key factors to consider that may help you determine whether you should consolidate your student loans, from myFICO.
  • Private student loan consolidation can be used for both Federal and private student loans.
  • However, if you consolidate with a longer repayment term, repaying your student loans could become more costly overall.

Summer Announces $9M in Funding to Bring Its End-to-End Workplace Student Loan and Education Assistance Solution to HR Leaders

Retrieved on: 
Monday, April 8, 2024

NEW YORK, April 8, 2024 /PRNewswire-PRWeb/ -- Today, Summer –– the only end-to-end workplace student loan solution that saves employees an average of $40k and is proven to reduce turnover by 20% –– announced $9M in additional funding.

Key Points: 
  • With the round, Summer plans to expand its leadership team, grow its Advisory Board, and further enhance its tech-based solution that makes it simple to implement a range of student loan and education assistance benefits, including Secure 2.0 Student Loan Retirement Matching, Tuition Assistance and Student Loan Contributions, 529 Plan enrollment and matching, as well as enrollment in the SAVE Plan, Public Service Loan Forgiveness, and more than 100 free student loan assistance programs.
  • Even when student loan payments were paused, 38% of borrowers reported they delayed saving for retirement due to the burden of that debt.
  • "We believe Summer is uniquely equipped to help forward-thinking HR leaders navigate the complexity of student loan benefits and make it simple and cost-effective to offer benefits to employees."
  • This Advisory Board will work alongside Summer to ensure the team is delivering best-in-class solutions to the HR leaders who need them.

Earnest and FinWise Bank Announce Strategic Partnership to Support Growing Portfolio of In-School Student Loans

Retrieved on: 
Tuesday, February 13, 2024

Earnest , a fintech company empowering students to maximize their financial futures, has partnered with FinWise Bank , a subsidiary of FinWise Bancorp, to enhance its portfolio of Private Student Loan products, including for parents, undergraduate, and graduate students.

Key Points: 
  • Earnest , a fintech company empowering students to maximize their financial futures, has partnered with FinWise Bank , a subsidiary of FinWise Bancorp, to enhance its portfolio of Private Student Loan products, including for parents, undergraduate, and graduate students.
  • View the full release here: https://www.businesswire.com/news/home/20240213858004/en/
    FinWise Bank is Earnest’s newest banking partner to originate Private Student Loans.
  • Collaborating with FinWise Bank helps us to scale the number of borrowers we can thoughtfully support.
  • This partnership expands the organization’s growing portfolio of bank-fintech partnerships that share its vision for equity, transformation, and inclusion at every level of financial decision-making.

Earnest Appoints Shanee Ben-Zur as Chief Marketing Officer

Retrieved on: 
Thursday, November 9, 2023

Earnest , a fintech company empowering students to maximize their financial futures, today announced the appointment of Shanee Ben-Zur as Chief Marketing Officer (CMO).

Key Points: 
  • Earnest , a fintech company empowering students to maximize their financial futures, today announced the appointment of Shanee Ben-Zur as Chief Marketing Officer (CMO).
  • Her deep expertise in brand, product-led growth, demand generation, lifecycle, and product marketing will bolster Earnest's thoughtful approach to growing its portfolio and serving more students.
  • A seasoned marketing veteran with a deep understanding of the entire customer lifecycle, she most recently served as Chief Growth and Chief Marketing Officer for Crunchbase.
  • Prior to that, she held senior marketing and growth positions at major tech brands like Dropbox, Salesforce, and NVIDIA.

Domino's® is Giving Away $1 Million Worth of Free Pizzas to Customers with Resuming Student Loan Payments

Retrieved on: 
Wednesday, October 25, 2023

As part of its Emergency Pizza promotion, Domino's Pizza Inc. (NYSE: DPZ), the largest pizza company in the world, is giving away $1 million worth of free pizzas to anyone with student loan payments.

Key Points: 
  • As part of its Emergency Pizza promotion, Domino's Pizza Inc. (NYSE: DPZ), the largest pizza company in the world, is giving away $1 million worth of free pizzas to anyone with student loan payments.
  • It gives customers who still have student loan payments the chance to apply for one free medium two-topping pizza, while supplies last (in addition to earning a free Emergency Pizza ).
  • Starting on Oct. 25, Domino's will give away a limited number of free Emergency Pizza for Student Loans codes each day, until all $1 million worth of free pizza codes have been claimed.
  • Here's how customers can apply for and redeem their student loan Emergency Pizza:
    Apply for a free Emergency Pizza for Student Loans.

Earnest and Payitoff Deliver Financial Empowerment with Launch of Student Loan Manager

Retrieved on: 
Monday, October 23, 2023

Earnest , a fintech company empowering students to maximize their financial futures, has partnered with Payitoff , a leading provider of consumer debt guidance tools for financial institutions, fintech, and financial wellness providers, to launch its Student Loan Manager .

Key Points: 
  • Earnest , a fintech company empowering students to maximize their financial futures, has partnered with Payitoff , a leading provider of consumer debt guidance tools for financial institutions, fintech, and financial wellness providers, to launch its Student Loan Manager .
  • The new, free tool provides personalized repayment plan recommendations to lower monthly payments, helping borrowers take control of and better manage their student loan debt.
  • “The expiration of the CARES Act has created stress and anxiety for many of the nearly 37 million federal loan borrowers,” said David Green, CEO of Earnest.
  • To receive personalized student loan repayment recommendations and enroll in federal debt management programs in one seamless platform, visit https://www.earnest.com/student-loan-manager .

Athletico Physical Therapy Helps Clinicians Conquer Student Debt Burden with SoFi at Work Loan Repayment Program

Retrieved on: 
Wednesday, October 18, 2023

OAK BROOK, Ill., Oct. 18, 2023 /PRNewswire/ -- Athletico Physical Therapy, a top national provider of the highest quality orthopedic rehabilitation services to communities, employers, and athletes, and SoFi at Work, a leading provider of holistic financial well-being and education assistance benefits, today announced the launch of a new partnership that will help Athletico clinicians pay down student loan debt faster, putting them on a path to financial independence. Beginning Jan. 1, 2024, Athletico will contribute $100 monthly toward eligible clinicians' student loan debt. This tax-free contribution can help the average employee save up to $16,119 on their loan after eight years, and pay the loan off twenty months faster. The Student Loan Repayment Program (SLRP) is available to all 3,400 benefits-eligible physical therapists, occupational therapists, athletic trainers, and physical and occupational therapy assistants, as well as new hires in those roles, who work 30+ hours per week.

Key Points: 
  • Beginning Jan. 1, 2024, Athletico will contribute $100 monthly toward eligible clinicians' student loan debt.
  • This tax-free contribution can help the average employee save up to $16,119 on their loan after eight years, and pay the loan off twenty months faster.
  • The Student Loan Repayment Program (SLRP) is available to all 3,400 benefits-eligible physical therapists, occupational therapists, athletic trainers, and physical and occupational therapy assistants, as well as new hires in those roles, who work 30+ hours per week.
  • Like the majority of clinical professionals in the physical therapy field, Athletico clinicians often enter the workforce with a substantial amount of student debt.

Lever Global Corporation (OTCQB: LVER) to Present at the Financial Services Virtual Investor Conference on September 21, 2023

Retrieved on: 
Tuesday, September 19, 2023

WEST HOLLYWOOD, Calif., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Lever Global Corporation ("Lever" or the "Company"), a leading innovator in the student loan management sector, is pleased to announce its participation as a presenter at the upcoming Financial Services Virtual Investor Conference on Thursday, September 21, 2023.

Key Points: 
  • WEST HOLLYWOOD, Calif., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Lever Global Corporation ("Lever" or the "Company"), a leading innovator in the student loan management sector, is pleased to announce its participation as a presenter at the upcoming Financial Services Virtual Investor Conference on Thursday, September 21, 2023.
  • Lever's CEO will delve into the implications of this decision and how Lever is strategically positioned to provide unparalleled support to the millions affected.
  • Lever's Impact: With its innovative solutions and user-centric approach, Lever has already made a significant positive impact in assisting borrowers navigate their student loan landscape.
  • CEO of Lever Global Corporation, Trent McKendrick commented: "We are honored to be a part of the Financial Services Virtual Investor Conference.

GDS Link Marketing Services Launches ePrescreen365: A Ground-Breaking Widget for Streamlined Loan Offers

Retrieved on: 
Wednesday, August 23, 2023

DALLAS, Aug. 23, 2023 /PRNewswire/ -- GDS Link Marketing Services, a pioneer in marketing solutions for financial services, proudly announces the launch of ePrescreen365, a state-of-the-art widget set to transform how financial institutions present prescreened online loan offers.

Key Points: 
  • DALLAS, Aug. 23, 2023 /PRNewswire/ -- GDS Link Marketing Services, a pioneer in marketing solutions for financial services, proudly announces the launch of ePrescreen365, a state-of-the-art widget set to transform how financial institutions present prescreened online loan offers.
  • Designed to meet the escalating demand for online access, ePrescreen365 provides customers/members a frictionless process to view their prequalified loan offers.
  • ePrescreen365 facilitates a multi-loan type, perpetual online loan program catering to various loan categories such as Auto, Mortgage, Home Equity, Credit Card, Personal Loan, and Student Loan.
  • This user-friendly widget grant website visitors effortless access to their prequalified loan offers while ensuring their credit scores remain unaffected.

TopLine Financial Credit Union Receives National Recognition for Adult Financial Education Efforts

Retrieved on: 
Wednesday, August 9, 2023

MAPLE GROVE, Minn., Aug. 09, 2023 (GLOBE NEWSWIRE) -- TopLine Financial Credit Union , a Twin Cities-based member-owned financial services cooperative , was honored with a national award from the Credit Union Financial Education Network (CUFEN) in the adult education category for the number of adults reached through personal financial education efforts.

Key Points: 
  • MAPLE GROVE, Minn., Aug. 09, 2023 (GLOBE NEWSWIRE) -- TopLine Financial Credit Union , a Twin Cities-based member-owned financial services cooperative , was honored with a national award from the Credit Union Financial Education Network (CUFEN) in the adult education category for the number of adults reached through personal financial education efforts.
  • “We are honored to be recognized by the Credit Union Financial Education Network for our adult financial education efforts in supporting financial wellness for all,” said Vicki Roscoe Erickson, Senior Vice President and Chief Marketing Officer, TopLine Financial Credit Union.
  • “Along with our many other credit union colleagues that provide financial education opportunities, we are dedicated to providing financial guidance to help members and consumers improve their financial health.”
    The Credit Union Financial Education Network , formerly known as National Youth Involvement Board (NYIB), strives to equip credit union industry professionals with resources, guidance and leadership to provide financial education opportunities for all ages.
  • TopLine Financial Credit Union , a Twin Cities-based credit union, is Minnesota’s 11th largest credit union, with assets of more than $781 million and serves over 50,000 members.